The given compound:
| 1. | is a storage product in archaea |
| 2. | is the source of energy in fungi |
| 3. | is present in the cell walls of gram negative bacteria |
| 4. | is a structural component of plasma membrane |

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Consider the given two statements:
| I: | Palmitic acid has 16 carbons including the carboxyl carbon. |
| II: | Arachidonic acid has 20 carbons including the carboxyl carbon. |

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